As an entrepreneur, it may be difficult to have one of your first businesses operate at a brick-and-mortar store location. In addition, the startup costs associated with renting out a studio and purchasing all the necessary office equipment for it may result in a financial loss and tear your focus away from the big picture.
Nowadays, there are many entrepreneurs who are achieving their goals through an online business. This can involve opening an ecommerce shop, establishing an indie brand, or even selling and shipping one’s own unique services and customized items to others around the world.
There are a variety of online business ideas that work, and the Find Your Audience team is here to provide you with a list of tangible ones.
Become a blogger
Creating a blog can be a great way to monetize your hobbies and interests. Whether you enjoy predicting sports outcomes or talking about the latest social media trends, there are a plethora of topics that can capture niche and wide audiences. In order to be successful as a blogger, you should be able to produce great content. This would not only help with increasing traffic to your website, but also get the attention of potential leads who may wish to work with you for promotional or sponsored posts. Keeping track of your key performance indicators (KPIs), and figuring out what works best for your schedule and audience would be steps in the right direction.
Participate in affiliate marketing
Affiliate marketing involves promoting another business’ product or service in order to earn a commission. This type of marketing can be done on various platforms such as your own WordPress blog, YouTube, or even your own social media pages. When someone clicks a link or makes a purchase using the information you have provided them, you can earn rewards. An example of this performance-based system is the Amazon Associates Program, which helps you monetize your platform and easily create links to the items you would like to share with your audience.
Set up an online store
This can be a great option for individuals who enjoy creating homemade items. Through a website such as Etsy, you can set up your very own online shop and list unique items for sale. Users who browse through the website can find exactly what they are looking for in terms of uniqueness and quality that may not be available from bigger brands. Big Cartel is another example of a website where you can sell your crafts and other items. With this platform, store owners get to also handle their own shipping, allowing for more flexibility.
Promote your artwork
This goes hand-in-hand with setting up an online store, but it’s a little bit different. Instead of selling unique items and handling the shipping and tracking yourself, you can upload your artwork on a platform such as Redbubble. From there, you can pick and choose which items you would like to have your artwork on. Redbubble has a wide range of items such as mugs, shirts, clocks, pillowcases, stickers, and more. In addition, the website, at times, has a promotional code for items, which can help you in promoting your artwork and increasing your sales.
Self-publish a book
If you would like to share your expertise with others in the form of a book, then you can certainly do so through self-publishing platforms. An example of this would be Amazon, as through Kindle Direct Publishing, you can monetize your writing. Before submitting your book, however, make sure to go over it with an editor and a sensitivity reader, as these experts can give you a better idea of whether or not others would be interested in purchasing your content.
Whether you become a blogger, affiliate marketer, author, or online entrepreneur, the rate of which technology grows and changes means constant online opportunities. Conducting the marketing required to promote your online business is also a matter to consider when the goal is to have a sustainable online business.
As your marketing partner, Find Your Audience can provide you with customized business strategies, as well as develop effective campaigns that will lead you to success. To contact Find Your Audience and begin taking your online business to the next level, call 647-479-0688 or email email@example.com.